Jefferies Wealth Management, part of global investment banking firm Jefferies Group LLC, is utilizing the Envestnet platform to update its technology, offer a wider array of investment products and solutions, and create operational efficiencies which allow its advisors to devote more time to client engagement and portfolio management.
"By providing Jefferies Wealth Management with access to a broader suite of investment products and programs through a fully integrated platform, we can empower its team with more options to both improve client outcomes and meet clients’ evolving needs," said John Yackel, Managing Director and Head of Global Institutional Business Development at Envestnet. "We look forward to helping place the team in a stronger position to recruit and retain top advisors — and continue to flourish as a key part of a global investment bank."
New York, NY-based Jefferies Wealth Management, which harnesses the power of its parent firm’s global investment bank to meet its clients’ needs, will leverage the Envestnet platform to offer clients access to best-in-class separately managed accounts, unified managed accounts, and fund strategist portfolio programs — as well as to simplify multi-currency reporting for international clients.
Jefferies Wealth Management provides a full suite of open-architecture financial services to high-net-worth individuals and their families, as well as family offices and institutions. Its service offerings include portfolio management, capital markets transactions, asset allocation, customized performance reporting, estate and insurance planning, lending, structured products, hedging and monetization, and traditional brokerage.
